A record 8.5 million Chinese borrowers are now blacklisted for not paying their debts, a report says. They're feeling the same financial pressures as Americans.
www.businessinsider.com
Chinese consumers are defaulting on their credit cards, mortgages, and other debts in droves. Americans are also feeling financial pressures today.
  • @BitingChaos@lemmy.worldEnglish
    35•7 months ago

    Punishing the poor and making things harder for them to dig out of their situation is certainly for the best!

    • @foggy@lemmy.worldEnglish
      1•7 months ago

      You didn’t think they would level the playing field before trying enslavement, did ya?